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06 Aug 2019  |  Global  |  Market Outlook

Global Space Industry Outlook, 2019 and Beyond

Small Satellites and Downstream Digital Transformations are Driving Innovation and Growth Opportunities Across the Space Industry Value Chain

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The space industry, across the value chain, is witnessing disruption from the influx of new space systems, products, and services. The industry is becoming highly competitive and a major focus is on developing flexible and affordable solutions for end customers. Satellite platforms are becoming more agile and robust with the execution of software-b...

The space industry is no longer sustained by governmental bodies and aerospace and defense companies. In the modern space race, the private sector is dominating by discovering new opportunities regarding innovations and public-private partnerships. The term “NewSpace” heralds the arrival of private space company ventures. Start-ups, investors, ...

The geospatial value-added services market is seeing an influx of new participants owing to cheaper satellite data products and services and enabling information and communication technologies. Established incumbents have to compete with not only these participants but also new customer groups arising from the evolution of new use cases. The marke...

The space ecosystem is rapidly growing across the globe. In the upstream of the value chain, the number of companies providing launch services has increased due to the entry of many dedicated launch service providers. In satellite manufacturing, serial production is the key requirement to meet the surge in demand, driven by the rapidly growing mega...

The global space industry value chain has been expanding with new entrants and interests of non-space stakeholders contributing toward the development of solutions in the downstream segment. In the upstream segment, LEO-based constellations are driving the demand. This demand is being supported by developments such as additive manufacturing and ser...